EIA procedure for battery material production

We have in March 2020 launched an EIA (Environmental Impact Assessment) procedure on behalf of our project company, Finnish Battery Chemicals Oy. The procedure concerns two plants producing lithium-ion battery materials to be established in Finland. Alongside the EIA procedure, we are continuing investment negotiations with potential partners. Our goal is a joint venture in Finland, where Finnish Minerals Group is a co-owner.

In the EIA program, we look at the environmental impact of establishing the pCAM plant in four alternative locations: Kokkola, Vaasa, Kotka or Hamina. The alternative locations for the CAM plant are Vaasa and Kotka.

In the EIA programme, we present four different implementation options based on how the plants could be placed in the locations selected for examination. We also look at three different capacity options, amounting to 20,000, 60,000 and 120,000 tonnes per year (t/a).

The EIA procedure consists of the programme and a subsequent report. The EIA programme published in March contains information on, among other things, the issues that will be assessed during the EIA procedure and how the assessments will be carried out. The subsequent EIA report will outline the results of the assessment and examine the feasibility of the project from the perspective of environmental impact.